agriculture MCQs – Page 235

Practise multiple-choice questions from agriculture for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

agriculture Mcqs

1. soil science 2. agronomy 3. entomology 4. water management 5. horticulture 6. agricultural economics 7. plant pathology 8. food technology 9. animal husbandry 10. plant breeding and genetics

4681. Number of peoples and their level of skills is called as________________?
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A. Human resources

B. Capital resources

C. None

D. Physical resources

4682. The implicit change in real income resulting from the effects of a change in a commoditys price on quantity demand?
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A. Substitution effect

B. Labour effect

C. Income effect

D. All

4683. In developed countries manufactured goods are about ________________% of total export?
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A. 90%

B. 82 %

C. 57%

D. 60%

4684. The tricks of economic growth and development are simply a matter of increasing national savings and investment. Is a simplest form of?
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A. Rostow growth stages

B. None

C. Keynesian development theory

D. Harod-Domar growth model

4685. A group of firms which produces identical or similar products__________________?
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A. Company

B. Plant

C. Organization

D. Industry

4686. The payment for the use of borrowed funds _____________?
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A. Interest

B. Both

C. None

D. Loan

4687. A payment of funds by a govt. firm or house hold for which it receives no goods or services in return?
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A. lump-sum-tax

B. Tax

C. Subsidy

D. None

4688. The role of power in economic decision making is studied in________________?
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A. Political economics

B. None of these

C. Traditional economics

D. Development economics

4689. An agreement among sellers of a commodity to set a common price or share their commodity market?
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A. All

B. Oligopoly

C. collusion

D. Monopoly

4690. Excess utility over price derived by the consumers because of negative sloping demand curve ?
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A. Marginal utility

B. Demand surplus

C. Consumer surplus

D. Producer surplus

4691. The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?
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A. speculation

B. Fly over

C. Capital flight

D. Specialization

4692. Advantage that occurs to individual or society as a whole as a result of increase in the consumption of certain types of goods or services by other individuals ?
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A. Consumption economics

B. Consumption surplus

C. Consumption function

D. Consumer demand

4693. Discount rate that causes a project to have a net present value of zero used to rank projects in comparison with market rates of interest?
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A. Internal rate or returns

B. None

C. Rate or returns

D. External rate or returns

4694. An accounting item which decreases the value of an asset___________________?
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A. None

B. Debit

C. Depreciation

D. Credit

4695. The coordinating mechanism of capitalism is a system of___________________?
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A. All

B. Market and prices

C. Capital and laborers

D. Competition

4696. A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textile, shoes etc ?
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A. Industrialization

B. Autarchy

C. Import substitution

D. Export substitution

4697. Agriculture contribution in GNP of developing nations?
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A. 14 %

B. 50%

C. 35%

D. 20%

4698. A labour union which limits its membership to workers with a particular skill ?
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A. None

B. Credit union

C. Craft union

D. Labour union

4699. An ownership share in a corporation___________________?
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A. None

B. Corporation

C. Stock

D. Both

4700. The currency of a major industrial country, such as the U.S dollar___________________?
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A. Stable currency

B. None

C. Main currency

D. Hard currency

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